Fero Labs

About:

Fero Labs is an actionable machine learning software for improving processes and increasing the quality of manufacturing facilities.

Website: https://www.ferolabs.com/

Top Investors: Climate Investment, Innovation Endeavors, Leblon Capital, Bowery Capital, Sinovation Ventures

Description:

Fero Labs is an actionable machine learning software for improving processes and increasing the quality of manufacturing facilities. Fero Labs prides itself on increasing factories’ profits by combining their existing data with the latest advances in the field of data science. By utilizing Fero, the automated machine learning software, Fero Labs’ customers understand the root causes of the problems leading to process and quality issues. Armed with new insights into their production, factories resolve the underlying issues leading to continuous process improvement. It was founded in 2015 and headquartered in New York, United States.

Total Funding Amount:

$24M

Estimated Revenue Range:

$1M to $10M

Headquarters Location:

New York, New York, United States

Founded Date:

2015-01-01

Founders:

Alp Kucukelbir, Berk Birand, Pamir Ozbay

Number of Employees:

11-50

Last Funding Date:

2023-06-21

IPO Status:

Private

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